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LIC buys Maruti Suzuki shares worth Rs 68 crore, insurer's stake in automaker crosses 5%Life Insurance Corporation of India (LIC) has increased its stake in Maruti Suzuki above the 5% threshold after purchasing 51,750 shares th...- Shot of hike as painkiller: India’s economic storm calls for decisive MPC actionIndia's economy faces a perfect storm. The rupee is at historic lows, subsidies are soaring, and fiscal deficit risks are rising. Capital o...
- US stocks today: US stocks hits new closing highs on tech strength, Middle East deal hopesWall Street ended at record highs on Friday, driven by strong tech earnings and optimism around AI-led growth. Dell’s upbeat forecast lifte...
- China's Xiaomi Q1 profit sinks 43% on higher memory chip costsXiaomi's first-quarter net profit saw a significant 43% drop. High memory chip costs pressured its smartphone sales. The company is investi...
- Global firms bring more work in-house at India hubs on AI boostThe shift reflects a structural change in how multinationals use their India operations, moving beyond cost-focused support roles to centre...
- Global firms bring more work in-house at India hubs on AI boostGlobal firms are bringing more work in-house at their India centres. Artificial intelligence is boosting productivity. This reduces relianc...
- Alibaba unveils new AI chip in push for domestic alternativesAlibaba has launched its new Zhenwu M890 AI chip, offering triple the performance of its previous model. This development is part of China'...
- China's economy slows in April as output, retail sales disappoint in blow to outlookChina’s industrial output growth slowed to 4.1% in April from 5.7% in March, missing market expectations of a 5.9% rise, official data show...
- Deloitte India could lead professional services space soon: Romal ShettyDeloitte India’s leadership believes that the future of professional services will extend beyond traditional offerings to solutions, platfo...
- US Stocks end lower on mounting inflation worriesU.S. stocks declined Friday as rising crude prices fueled global inflation fears, pushing Treasury yields higher and making equities less a...
- US stocks today: Dow Jones crashes 500 points on mounting inflation worriesU.S. stocks pulled back from record highs as rising crude oil prices and surging Treasury yields triggered fresh inflation concerns. The se...
- Groww investors reap bumper returns; Lightspeed’s India rethinkHappy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and more in today’s ETtech Morning Dis...
- Customers have started committing to new product cycles: Tata Technologies MD & CEOTata Technologies is ramping up investments in the automotive and industrial arenas, fueled by innovative product cycles that are encouragi...
- Tesla made $573 million in sales from SpaceX and xAI last yearTesla earned over $500 million from Elon Musk's companies last year. xAI, his AI startup, accounted for about $430 million. SpaceX, the roc...
- Elon Musk says OpenAI was his idea, before executives looted itIn a high-stakes courtroom drama, Elon Musk has launched a lawsuit against OpenAI and its executives, alleging that they've strayed from th...
- US stocks today: Nasdaq, S&P 500 end lower on renewed AI growth worries ahead of big tech earningsU.S. stocks retreated from record highs as concerns over the AI boom and OpenAI's performance weighed on tech shares. Investors are anticip...
- US stocks today: Nasdaq underperforms S&P 500, Dow as AI growth worries hit tech stocksThe Nasdaq Composite saw a decline on Tuesday. Investors are questioning the sustainability of the artificial intelligence boom for tech st...
- Aswath Damodaran says Musk's SpaceX will frustrate investors after most valuable IPO in history, here's whyValuation expert Aswath Damodaran believes SpaceX could achieve the most valuable IPO ever, potentially reaching trillion-dollar status. He...
- Tesla's $25 billion spending plan tests investor faith in unproven AI betsTesla CEO Elon Musk is seeking investor confidence for ambitious ventures in self-driving cars and humanoid robots. The company is signific...
- Japanese proverb of the day: “Even dust, when piled up, becomes a mountain.” Small, consistent efforts accumulate into great achievements over time — a lesson on how today’s generation can turn tiny daily efforts into massive successJapanese proverb of the day: Small daily efforts build success faster than most people expect. Data shows 1% daily growth can deliver nearl...
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